NEW YORK, Sept. 12, 2016 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Northern District of Illinois on behalf of investors who purchased Power Solutions
International, Inc. (NASDAQ:PSIX) securities between May 8, 2015 and August 15, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/power-solutions-international-inc. There is no cost or
obligation to you.
According to the complaint, throughout the Class Period defendants issued false and misleading statements to
investors and/or failed to disclose that: (1) Power Solutions improperly listed revenue for certain transactions; (2) Power
Solutions did not have sufficient controls over financial reporting; and (3) consequently, Power Solutions’ public statements were
materially false and misleading at all relevant times.
On August 15, 2016, Power Solutions announced that it needed additional time to file its Form 10-Q for the
quarter ended June 30, 2016 in order to finalize financial statements for the quarter. Specifically, the Company stated that it has
not completed its financial statements “in light of an ongoing review of allegations made by a former employee” concerning “certain
transactions involving revenue recognition.”
If you suffered a loss in Power Solutions you have until October 21, 2016 to request that the Court appoint you
as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional
information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/power-solutions-international-inc.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving
financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com